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firstpitchthrow 10 points ago +10 / -0

$12 million dollar settlement from the city. Here's why it doesn't matter. Lack of education and knowledge is what keeps poor people poor, not lack of money.

Her family got a windfall settlement, but, as a great philosopher once said: "a little town with money is like a mule with a spinning wheel, no one knows how he got it and danged if he knows how to use it."

Her family will blow through this money, with a speed that will be shocking to people. Anytime you get a lump sum of money, a luxury car is just about the worst thing you can possibly buy. Smart people know that.

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HorribleDeplorable -8 points ago +2 / -10

It’s 12 million dollars. To her that luxury car is the equivalent of someone with $100k net worth buying a $2k car.

Most people in this country are negative net worth financing $45k crossovers.

If anyone can afford to drive a Bentley it is someone worth 8 figures.

Even $800k on a house seems extremely reasonable. If I had money like that I’d be in the $2m range for a house and another million in cars. Id still make $500k-$1m in pasive income to live on.

5
MAGAMAN4EVA 5 points ago +5 / -0

Its still 10% in like a day though. I'm almost positive I would be house shopping for at least a month or two.

3
OllyOlly 3 points ago +5 / -2

You ain't too bright eh?

It's okay. We were all teenagers once.

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Grief 5 points ago +5 / -0

He has no idea how money works haha

0
OllyOlly 0 points ago +2 / -2

My favourite part was the "passive income" of a million a year.

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HorribleDeplorable -1 points ago +1 / -2

I own my own business, employ multiple people, have multiple collector cars, 20+ acres of land and a modern 4K sq foot house.

My investments have averaged 18% return.

I do some basic math with modest numbers and you losers think I don’t know how it works get fucked lol

These responses are what I should be seeing on reddit, not a site with based conservatives. Maybe you guys are all just jealous that a black woman has more money than you guys ever will.